those who bought at RM10 is lucky as the share price that time still low
but those who not yet invest in PANAMY or want to average up/down , need to consider carefully
the share price now is at high ....so if want break new high, the profit need grow more higher to justify the share price increase
NESTLE is consumer goods that everyday we eat ( many types also) , but PANAMY is mfg electrical goods which not all ppl will buy frm PANAMY (many competitor & also life time of electrical products tend to be longer than food NESTLE)
can PANAMY same as NESTLE , go up all the way to RM100? Lets wait & see (need wait many many many many many years, i think)
Whole year eps 174 sen but dividend payout whole year RM2.26 lol. Despite lower sale, dropping eps, high PE 21, I think market is going to ignore those and cheering with the generous dividend payout.
in low yield environment, soon all will buy high and stable div yield stocks. besides REITs, this is one of it. Others like BJTOTO, LIIHEN, HARISON......etc
There is no yardstick to measure whether you're buying high or low. I have one bought at 10.80 and another bought at 26.00 (the high point that time), but now it is 40.50.
So it depend how you see the biz and the mgmt..........so far it outperforms the market and the price is rock solid despite the KLCI index from 1800 points when change of govt to 1580 points during the trade war.
Just the dividend alone i have collected back half of my average cost...))
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
IbrahimBinFareed
39 posts
Posted by IbrahimBinFareed > 2019-01-30 11:20 | Report Abuse
panamy no movement for a couple of days?